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A trader sells two bicycles at the same price. On one, he gains 4%; while on the other, he loses 4%. What is his overall profit/loss (approx)?

 
Loss 0.16%
Profit 0.16%
Loss 0.18%
No profit no loss
Profit 0.18%

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4-4-4*4/100=.016

We need to select most appropriate answer. Here in this case there will be loss of 0.16% but it is not in options but None of these is given in options so NONE OF THESE will be most appropriate answer . so correct answer is None of these

When two articles are sold at same price and on one article profit of r% and on another loss is r % then in such case there will be always loss of r^2/100 % so here loss will be of (4*4)/100 = 0.16 % loss so answer is None of these.

`Here it is mentioned that the sell price is same, but the solution is given w.r.t same cost price.